GETM(SH:600232)2025-04-28 12:05Financial Performance - The company's operating revenue for Q1 2025 was ¥251,251,443.36, representing a 7.20% increase compared to ¥234,374,674.34 in the same period last year[5] - The net profit attributable to shareholders was -¥4,170,454.75, a decrease of 148.32% from ¥8,630,016.10 in the previous year[5] - The basic earnings per share were -¥0.011, down 145.83% from ¥0.024 in the same period last year[6] - The weighted average return on equity decreased to -0.432%, down 1.262 percentage points from 0.830%[6] - Net profit for Q1 2025 was a loss of CNY 6,645,354.15, compared to a profit of CNY 10,942,168.74 in Q1 2024[19] - The company's operating profit for Q1 2025 was a loss of CNY 5,123,501.15, down from a profit of CNY 14,214,833.94 in Q1 2024[19] - Basic and diluted earnings per share for Q1 2025 were both CNY -0.011, compared to CNY 0.024 in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,808,786,075.38, a slight increase of 0.13% from ¥1,806,524,082.57 at the end of the previous year[6] - Total assets as of the end of the reporting period were CNY 1,808,786,075.38, slightly up from CNY 1,806,524,082.57[16] - Total liabilities increased to CNY 797,004,077.53 from CNY 788,096,730.57[15] - The company's cash and cash equivalents decreased, with total current assets at CNY 1,458,091,369.27, compared to CNY 1,451,050,085.85 in the previous period[16] - The company reported a significant increase in accounts payable, which rose to CNY 314,736,039.79 from CNY 299,014,581.88[15] Cash Flow - The net cash flow from operating activities was -¥1,781,861.83, showing an improvement compared to -¥93,048,420.52 in the same period last year[5] - In Q1 2025, the cash inflow from operating activities was CNY 191,727,746.43, a decrease of 26.7% compared to CNY 261,836,709.10 in Q1 2024[21] - The cash outflow from operating activities totaled CNY 193,509,608.26, down 45.5% from CNY 354,885,129.62 in the same period last year[22] - The net cash flow from operating activities was negative CNY 1,781,861.83, an improvement from negative CNY 93,048,420.52 in Q1 2024[22] - The cash inflow from sales of goods and services was CNY 189,284,445.97, a decline of 7.1% from CNY 203,646,550.66 in the same quarter last year[21] - The cash outflow for employee compensation was CNY 44,146,733.01, slightly up from CNY 43,463,213.05 year-over-year[22] - The cash inflow from financing activities was CNY 110,322,852.50, a decrease of 32.9% compared to CNY 164,532,946.78 in Q1 2024[22] - The net cash flow from financing activities was negative CNY 30,851,689.34, contrasting with a positive CNY 112,441,517.16 in the previous year[22] - The total cash and cash equivalents at the end of Q1 2025 were CNY 188,488,787.59, down from CNY 226,001,283.95 at the end of Q1 2024[23] - The company reported a cash outflow of CNY 8,467,966.51 related to other operating activities, significantly lower than CNY 58,115,843.29 in Q1 2024[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,875[10] - Zhejiang Jinying Group Co., Ltd. held 50.25% of the shares, with 34.81% of its holdings pledged[10] Government Support - The company received government subsidies amounting to ¥269,898.23 during the reporting period[7] Operating Costs - Total operating costs for Q1 2025 were CNY 266,746,423.87, up 21.2% from CNY 220,088,087.44 in Q1 2024[18] - The decline in net profit was primarily due to a decrease in the gross profit margin of the textile segment compared to the same period last year[7] - Research and development expenses for Q1 2025 were CNY 6,368,716.19, slightly down from CNY 6,724,838.03 in Q1 2024[18] Exchange Rate Impact - The company experienced a cash flow impact from exchange rate changes of CNY 13,367.15 in Q1 2025, compared to CNY 12,942.63 in Q1 2024[23]